Gadgets Manufacturing Company books show these balances under different heads of accounts for the quarter ended on June 30, 2018:

Opening WIP Inventory (1 April) $143 400

Closing WIP Inventory (30 June) 174 000

Opening F.G inventory (1 April) 543 000

Closing F.G inventory (30 June) 513 000

Direct materials (DM) used during the quarter 381 000

Indirect materials used during the quarter 87 000

Direct labour (Manufacturing) 483 000

Indirect labour (Manufacturing) 189 000

Rent, Rates and Taxes on building (Manufacturing plant) 31 800

Costs of company maintained car (sales manager) 15 000

Depreciation charged on Manufacturing equipment 267 000

Depreciation of office computers and printers 126 600

Other overhead costs (manufacturing plant) 138 000

Utilities used in the manufacturing plant 95 400

Utilities used in Managers offices 308 400

Costs of distribution of marketing products 33 000

Required (Show all your calculations/working out):

a. Work out the cost of goods manufactured for Gadgets Manufacturing for the quarter ending June 30. (7 Marks)

b. Work out the cost of goods sold for Gadgets Manufacturing for the quarter ending June 30. (3 Marks)